As of February 18, 2025, gold prices have risen in Asian trading, with spot gold increasing by 0.6% to $2,914.75 per ounce and U.S. gold futures up 0.9% to $2,927.90 per ounce.  This upward movement is primarily driven by uncertainty surrounding U.S. President Donald Trump’s trade tariff policies, which has bolstered safe-haven demand for gold. Goldman Sachs has adjusted its year-end forecast for gold prices to $3,100 per ounce, citing sustained central bank demand and potential policy uncertainties.